Several microcap stocks have given returns of up to 172 per cent to their investors in October
The first name in this list is of K&R Rail Engineering. Shares of this company gained 172 per cent in October. The market cap of this company is only 120 crores. It is an engineering, design and construction ie EDC company. Its share price has reached Rs 76.05. The second name in this list is of Sarda Proteins. This company with a market cap of Rs 43 crores deals in edible oil. The share price of the company was Rs 93.8 on September 30, which reached Rs 236.35 on October 31. That is, in October, the company gave 152 percent return. Shares of Welterman International, a leather and leather products maker, gained 152 per cent in October.
Who else is on the list
Delhi’s textile company Alstone Textile is at the fourth place in this list. The company’s shares rose 151 per cent in October. Engineering company Gujarat Toolroom gave 150% return to its investors in October. The company’s stock touched Rs 67.6 on October 31. Shares of steel company Narayani Steel rose 150 per cent last month. Its price was Rs 25 on 30 September, which reached Rs 63 in October. The market cap of this company is only 3 crores. Kakatiya Textiles shares rose 148 per cent last month. The market cap of this company is Rs 54 crores. It is engaged in the business of manufacturing and selling cotton yarn.
Shares of RT Exports gave 147 per cent return in October. The company is involved in export and local trading of agro products. Shares of West Leisure Resorts have gained 147 per cent in October. This company is in the Leisure and Hospitality industry. Shares of RMC Switchgears gained 146 per cent in October. Its market cap is Rs 173 crore. The company manufactures enclosures, low tension-high tension distribution boxes and panels for energy meters.